"Certainly is quiet on this board with no posts for 9 days. Everybody on vacation?"
Looks like the pump shop has returned from vacation.
What I find intriguing is that they reported two break even quarters the last two quarters and the stock rallied the next day. Don't look for that to happen anymore now that the pump is over.
And of course if they lay one of the stinkers they have become famous for, this nice haircut could turn into a crew cut.
In my humble opinion.
Stock charts has the P&F bearish price objective at 5 following the double bottom breakdown. Not that I believe in that stuff....
You remind me of the guy who tries to pick up some pocket change from the railroad tracks while the train is pulling into the station.
Wonder how much they will burn this quarter investigating themselves. The better play might be to invest in the law firm that is getting all their cash.
Revenue was down on a quarter v quarter comparison. Sequentially it was higher against a seasonally weak first quarter.
From the last presser:
"Included in the 2014 first half are $152,000 of expenses related to the previously disclosed investigation, which is a $2.6 million decrease compared to the first half of 2013."